Bank Nifty Future closed @ 41063 as on 31.01.2023..!!
Dear Traders,
Bank Nifty Future has resistance at 41272 – 41373 Point; above which other resistance levels are at 41434 – 41606 Point with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 41008 – 40880 Point; below 40880 Point, other support levels are at 40676 – 40404 Point.
I am positive for the next bullish trend only above @ 41434 Point but be with the trend. Let the market decide further moves.
As we are saying from many days, Buying is suggested in falls only...and it’s still a better strategy in the given Scenario, regarding Long term positions, it is preferable to remain cautious now...!!
If Bank Nifty Future crosses @ 41434 Point, again then the upper side target is quite high and it may touch @ 41606 Point in the short term...!!
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